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Unethical business practices harm organizations and economies. Large-scale business failures such as Enron—as well as the more recent failures related to the global financial crisis—highlight the consequences of unethical business practices and amoral management. Professional accountants, as stewards of transparency and trust, and subject to a professional code of ethics, have a key role to play not only in upholding but in encouraging and influencing ethical behavior and decision making within their organizations. Read More
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As much as accountants would like to do the right thing, in reality, they may face pressure from others in their companies to breach ethical principles.
One CPA's thoughts on critical issues and opportunities facing the profession.
True and Fair: Why it Pays to Tell the Truth in Business
February 24, 2015 - Economia
Mike Straw, CEO of Achieve Breakthrough, argues that companies need to have a genuinely open culture about setbacks. Otherwise people will ‘edit the truth’ about how projects are faring which can have implications for financial reporting.
Career Coach: The Value of Keeping an Eye on Ethics
February 20, 2015 - Washington Post
EU audit reform: how to get consistency across member states
Practical steps and pointers
The Role of Ethics in Small Businesses Must Take Centre Stage
January 9, 2015 - AAT
In a society that has become increasingly sceptical about the behaviour of commercial organisations, the success of small businesses depends on their ability to build relationships of trust with customers, employers, suppliers and the wider community. Ethics is fast becoming an essential aspect of business in the modern world.
March 26, 2015 - Association of Chartered Certified Accountants, Economic and Social Research Council
March 26, 2015 - Accounting Today
March 25, 2015 - Forbes
March 17, 2015 - Organisation for Economic Cooperation and Development
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